Saudi Reinsurance Company has announced the appointment of Mr Ahmed Al-Jabr as its new CEO, effective 1 October 2024.
Mr Al-Jabr, who has been with Saudi Re since 2011, previously held the position of Chief Operations Officer before being promoted to the role of Deputy CEO. He was appointed as the company's Acting CEO earlier this year.
With over 25 years of diverse experience in the insurance and reinsurance sectors, Mr Al-Jabr brings a wealth of expertise having served in various executive roles in operations, strategy management, business development, and others. He holds a Master's degree in Business Administration from the University of Bradford in the United Kingdom.
Saudi Re is a leading reinsurance company in the Middle East, with operations spanning more than 40 markets. The company holds an 'A-' rating from Standard & Poor's and an 'A3' rating from Moody's.